§ 24-12-1-16. Dealer.  


Latest version.
  • "Dealer" means any person who sells or solicits or advertises the sale of new or used motor vehicles, house trailers or trailers subject to registration in this state. Dealer shall not include:

    A.

    receivers, trustees, administrators, executors, guardians or other persons appointed by or acting under judgment, decree or order of any court;

    B.

    public officers while performing their duties as such officers;

    C.

    persons making casual sales of their own vehicles duly registered and licensed to them by the state of New Mexico;

    D.

    finance companies, banks and other lending institutions covering sales of repossessed vehicles; or

    E.

    licensed brokers under the Manufactured Housing Act who for a fee, commission or valuable consideration engage in brokerage activities related to the sale, exchange or lease-purchase of pre-owned manufactured homes on a site installed for a consumer.

(Ord. No. 1567 , 5-29-18)

State law reference

66-1-4.4 NMSA 1978.